Gross value added at basic prices by other typologies in Latvia
Latvia: Gross value added at basic prices by other typologies was 22,904 Current prices, million euro in 2023. ▲ Rising
Latest (2023)
22,904 Current prices, million euro
Change on year
up 12.5%
World rank
31st
of 33 countries
All-time high
22,904 Current prices, million euro
in 2023
All-time low
4,648 Current prices, million euro
in 2000
Years of data
24
2000–2023
Gross value added at basic prices by other typologies in Latvia, 2000–2023
Source: Eurostat. Measured in Current prices, million euro.
Analysis
Latvia recorded 22,904 Current prices, million euro for gross value added at basic prices by other typologies in 2023. That is the highest value across all 24 years on record.
That represents a change of up 12.5% on the previous year and up 82.8% over ten years.
Over the whole period, gross value added at basic prices by other typologies in Latvia peaked at 22,904 Current prices, million euro in 2023 and was at its lowest, 4,648 Current prices, million euro, in 2000.
Latvia ranks 31st of 33 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Gross value added at basic prices by other typologies in Latvia, year by year
| Year | Current prices, million euro | Change |
|---|---|---|
| 2000 | 4,648 Current prices, million euro | — |
| 2001 | 5,109 Current prices, million euro | +9.9% |
| 2002 | 5,474 Current prices, million euro | +7.1% |
| 2003 | 5,583 Current prices, million euro | +2.0% |
| 2004 | 6,286 Current prices, million euro | +12.6% |
| 2005 | 7,409 Current prices, million euro | +17.9% |
| 2006 | 9,296 Current prices, million euro | +25.5% |
| 2007 | 12,202 Current prices, million euro | +31.3% |
| 2008 | 13,355 Current prices, million euro | +9.4% |
| 2009 | 10,574 Current prices, million euro | -20.8% |
| 2010 | 9,965 Current prices, million euro | -5.8% |
| 2011 | 10,546 Current prices, million euro | +5.8% |
| 2012 | 11,988 Current prices, million euro | +13.7% |
| 2013 | 12,533 Current prices, million euro | +4.5% |
| 2014 | 13,040 Current prices, million euro | +4.0% |
| 2015 | 13,706 Current prices, million euro | +5.1% |
| 2016 | 14,099 Current prices, million euro | +2.9% |
| 2017 | 14,937 Current prices, million euro | +5.9% |
| 2018 | 15,993 Current prices, million euro | +7.1% |
| 2019 | 16,818 Current prices, million euro | +5.2% |
| 2020 | 16,350 Current prices, million euro | -2.8% |
| 2021 | 18,197 Current prices, million euro | +11.3% |
| 2022 | 20,364 Current prices, million euro | +11.9% |
| 2023 | 22,904 Current prices, million euro | +12.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7,994 Current prices, million euro | 4,648 Current prices, million euro | 13,355 Current prices, million euro | 10 |
| 2010s | 13,362 Current prices, million euro | 9,965 Current prices, million euro | 16,818 Current prices, million euro | 10 |
| 2020s | 19,454 Current prices, million euro | 16,350 Current prices, million euro | 22,904 Current prices, million euro | 4 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.49 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 38.69 Percentage of GDP (2029)
- Index of digital trade integration and openness 0.1982 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0123 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.0451 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0249 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
Frequently asked questions
- What is gross value added at basic prices by other typologies in Latvia?
- Gross value added at basic prices by other typologies in Latvia was 22,904 Current prices, million euro in 2023, according to Eurostat.
- What is the highest gross value added at basic prices by other typologies recorded in Latvia?
- The highest recorded value was 22,904 Current prices, million euro in 2023.
- What is the lowest gross value added at basic prices by other typologies recorded in Latvia?
- The lowest recorded value was 4,648 Current prices, million euro in 2000.
- How does Latvia rank for gross value added at basic prices by other typologies?
- Latvia ranks 31st out of 33 countries with data for 2023.
- Is gross value added at basic prices by other typologies rising or falling in Latvia?
- Over the last ten years it is up 82.8%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Gross value added at basic prices by other typologies. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Eurostat).